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    Continental Ave. & High Rd Tallahassee, FL 32304

    For Sale
    $150,000

    0.88 Acres, High-Density Zoning, FSU Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 0.88-acre commercial land parcel presents a remarkable investment opportunity in Tallahassee, Florida. Located at the intersection of Continental Ave. and High Road, this property boasts an advantageous MR-1 zoning designation, permitting up to 20 units per acre, making it ideally suited for a multi-family housing development. The strategic location offers unparalleled proximity to Florida State University (less than a mile away) and Doak Campbell Stadium (1.3 miles), ensuring high demand and strong rental potential. The property's address is Continental Ave. & High Road, Tallahassee, FL 32304, with a tax ID number of 2127204240000. This prime location, combined with the high-density zoning, creates a compelling opportunity for developers seeking to capitalize on the robust student housing market and the overall growth of the Tallahassee area. The 0.88-acre lot size provides ample space for a substantial development project. Given its location and zoning, this property is poised for significant appreciation and offers a strong return on investment. Serious inquiries are encouraged.

    Property Features for 0 Continental Ave. & High Rd

    General Information

    Property type
    Land
    Lot Size
    38,333 SF

    HighLights

    • $150,000 asking price for 0.88 acres of commercial land.
    • MR‑1 zoning allowing up to 20 units per acre.
    • Less than one mile from Florida State University.
    • 1.3 miles to Doak Campbell Stadium.
    • Excellent opportunity for student housing development.
    • Tax ID: 2127204240000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tallahassee
    County
    Leon
    State
    Florida
    Longitude
    -84.3134905
    Latitude
    30.4553863

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    FAQs

    What type of property is this?
    Land - 0.88 Acres, High-Density Zoning, FSU Proximity
    Where is this land located?
    The property is located at Continental Ave. & High Rd Tallahassee, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price for 0.88 acres of commercial land.; MR-1 zoning allowing up to 20 units per acre.; Less than one mile from Florida State University.
    (850) 224-2300
    Request Owner's contact information
    Continental Ave. & High Rd Tallahassee, FL 32304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Continental Ave. & High Rd Tallahassee, FL 32304
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